exchange rate

The Digest: Vice-President Kashim Shettima has revealed that the naira would have appreciated to N1,000 per dollar within weeks if the Central Bank of Nigeria (CBN) had not intervened in the foreign exchange market on Monday to ensure stability. Speaking at the Progressive Governors Forum...

The Digest: Billionaire businessman Aliko Dangote has predicted that the naira will strengthen to ₦1,100 per dollar in 2026, citing the impact of government policies and reduced import dependency. Speaking at the launch of the national industrial policy 2025, Dangote said: "Today, the dollar...

The Digest: Governor of the Central Bank of Nigeria, Olayemi Cardoso, has disclosed that Nigeria's external reserves have risen to approximately $49 billion as of February 5, 2026. Speaking at the National Economic Council Conference, Cardoso described the increase as a strong signal of...

The Digest: An analysis of currency strength against the US Dollar as of January 2026 identifies five African nations maintaining the continent's most resilient exchange rates. The ranking reflects underlying economic stability, disciplined fiscal policy, and sustained investor confidence...

The Digest: A January 2026 assessment of African currencies against the US Dollar identifies seven with the weakest exchange rates. The ranking, subject to shifts from inflation, devaluation, and economic shocks, highlights nations facing significant import cost pressures. São Tomé &...